Category: World Richest || Posted Aug 24, 2026
Top 10 Wealthiest People from Edo State, Nigeria
Edo State has produced some of Nigeria’s most prominent industrial moguls, tech founders, media tycoons, and political figures. Unlike national rankings dominated strictly by publicly listed stocks, regional listings include private conglomerates, technology innovators, real estate portfolios, and legacy business empires.
Summary Table
| RankNamePrimary Source of WealthKey Ventures / Holdings | |||
| 1 | Sir Chief Gabriel Igbinedion | Real Estate, Education, Hospitality | Igbinedion Group, Igbinedion University Okada |
| 2 | Mitchell Elegbe | Financial Technology, Payments | Interswitch Group |
| 3 | Pastor Chris Oyakhilome | Media, Real Estate, Telecommunications | Loveworld Inc. (Christ Embassy), Loveworld TV |
| 4 | Julian Osula | Luxury Retail, Security Contracting | Julian's Luxury, Stiple Gate, Manla Enterprises |
| 5 | Chief Lucky Igbinedion | Agriculture, Real Estate, Investments | Ex-Governor (Edo State), Hospitality & Property |
| 6 | Chief John Osamede Adun | Transportation, Real Estate, Logistics | Bob Izua Motors, Real Estate Development |
| 7 | Adams Oshiomhole | Public Sector, Real Estate, Investments | Ex-Governor, Senator, Strategic Assets |
| 8 | Godwin Obaseki | Investment Banking, Stockbrokerage | Afrinvest, Asset Management, Real Estate |
| 9 | Matthew Okojie | Oil & Gas, Engineering, Real Estate | Clyde Petroleum & Gas, Maynard Engineering |
| 10 | Family of Late Capt. Hosa Okunbo (Legacy) | Maritime, Energy, Agriculture | Ocean Marine Solutions (OMS), Wells Carlton |
Key Highlights & Profiles
- 1. Sir Chief Gabriel Osawaru Igbinedion (The Esama of Benin): Patriarch of the Igbinedion empire. He established Nigeria's first private university (Igbinedion University Okada) and built a wide-ranging business network across education, real estate, hospitality, and aviation (defunct Okada Air).
- 2. Mitchell Elegbe: The founder and Group MD/CEO of Interswitch, Nigeria's pioneering fintech infrastructure company that handles processing for domestic and international payment cards (Verve, Quickteller).
- 3. Pastor Chris Oyakhilome: Head of Loveworld Inc. He commands a global media platform, substantial international real estate holdings, publishing channels, and broadcasting networks.
- 4. Julian Osula: A prominent figure in high-end luxury goods, exclusive timepieces, and government defense/marine security hardware contracting.
- 5. Godwin Obaseki: A veteran of the Nigerian capital markets who co-founded Afrinvest, one of West Africa's leading investment banking and wealth management firms, before serving two terms as Edo State Governor.
- 6. Late Capt. Hosa Okunbo (Legacy Estate): The late commercial pilot-turned-industrialist built a massive portfolio spanning offshore maritime security (Ocean Marine Solutions), commercial agriculture, and luxury real estate. His family continues to oversee the estate.